Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 October 2014
A Firm receives interest income on security deposited with X co..
but wrongly a partner has given his own PAN and bank account no. to X co. and X company has deposited the interest amount in partner's personal bank account and deducted tds thereon and deposited in partner's pan no.
Now please tell me by what accounting treatment this error can be ractify?
Please ask if you need some extra information to solve the query.
Thanks
but wrongly a partner has given his own PAN and bank account no. to X co. and X company has deposited the interest amount in partner's personal bank account and deducted tds thereon and deposited in partner's pan no.
Now please tell me by what accounting treatment this error can be ractify?
Please ask if you need some extra information to solve the query.
Thanks
11 October 2014
Yoc can show amount as loan given to partner & get money back from him.
Provide correct data to co. so that in future all goes well..
Thanks
Provide correct data to co. so that in future all goes well..
Thanks
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